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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: KyrosL who wrote (59593)1/2/2010 2:20:48 PM
From: Seeker of Truth2 Recommendations  Read Replies (5) of 217739
 
Juggling decades won't bring you to the real situation. In the 1980s Volker jacked up the interest rates to a sky high level. Consequently, cash was king. Now we have no such high interest rates and no such plans to raise interest rates. The end of all that will of course be inflation. Anti-inflation means gold goes down. But today we have the opposite situation. Volker is neglected. The sky high deficits can't be paid, except by the printing press.That is an inflation situation, so people without gold or Pt/Pd are losing that kind of protection against inflation.
Seeker of Truth
Beneficiary of the warnings of Tobago Jack
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